Waiver of Section 5. 01. The daily management of cash, payables and receivables by the Acquired Company from the Closing Date to the Actual Closing Date shall be subject to the provisions of Paragraph 33 of this Amendment, and shall not be subject to the covenants under Section 5.01.
Waiver of Section 5. 07(a) of the Credit Agreement. The Required Banks hereby waive compliance by the Borrower with Section 5.07(a) of the Credit Agreement for the period from and including June 30, 2001 through and including September 29, 2001 (the "Waiver Period"); provided that the foregoing waiver will terminate and cease to be of any force or effect on September 30, 2001.
Waiver of Section 5. 05. The Lenders hereby waive compliance ---------------------- by the Borrower with the requirements of Section 5.05 in respect of Holdings and MergerSub for so long as the Borrower is in compliance with the requirements of Sections 6.03 and 6.
Waiver of Section 5. 13(a). The Lenders hereby waive any Default or Event of Default arising under Section 5.13(a) of the Credit Agreement solely as a result of the Borrower’s failure to give the Lenders 30 days prior notice of the change of the Borrower’s legal name from SFBC International, Inc. to PharmaNet Development Group, Inc..
Waiver of Section 5. 1(a) (Limitation on Debt).
Waiver of Section 5. 9(c). Notwithstanding anything in the Term Loan Agreement to the contrary, the Lenders hereby waive any Default or Event of Default that may have resulted from the failure of the Company to comply with the requirements of Section 5.9(c) of the Term Loan Agreement prior to the effectiveness of this First Amendment and Waiver.
Waiver of Section 5. The Investor hereby waives compliance with the covenants set forth in Section 5 of the Secured Note with respect to the issuance by Guarantor to the Sellers (as defined below) of that certain promissory note in the principal amount of $5,375,000 in connection with that certain Stock Purchase Agreement, entered into by and among Guarantor, Xxxx Xxxxxxxxx (“Xxxxxxxxx”), Xxxxxxxxx XxxXxxxxx (“MacLeitch”) and the shareholders of AMV Holding Limited (“AMV”) signatories thereto (together with Xxxxxxxxx and MacLeitch, the “Sellers”), dated as of October 8, 2008, relating to Guarantor’s acquisition of 100% of the share capital of AMV and 80% of the share capital of Fierce Media Limited (the “Purchase Agreement”).
Waiver of Section 5. 10. Pursuant to Section 11.9 of the Agreement, the Investor hereby waives its Section 5.10 right to prohibit the Company from offering and selling the Purchase Warrants and hereby consents to the Company’s sale of the Common Shares in the RDO and the Purchase Warrants in the concurrent private placement.
Waiver of Section 5. 6 of Contribution Agreement and Section 9.7(b)(i)
Waiver of Section 5. 12. USQ hereby waives Xxxxxxxxxxx’x compliance with the covenant set forth in Section 5.12 of the Stock Purchase Agreement, and releases all claims that USQ may have against Xxxxxxxxxxx or any of its Affiliates in connection with the presentation of an Alternative Transaction by certain principals of USQ to Xxxxxxxxxxx; provided, that such waiver shall not hinder or delay the Parties’ efforts to consummate the Acquisition.
